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NYMEX HO: (X18) $2.40 Target Hit *RES....>

OIL TECHS: NYMEX HO: (X18) $2.40 Target Hit 
*RES 4: $2.7900 - Resistance
*RES 3: $2.6000 - Resistance
*RES 2: $2.5500 - Channel top
*RES 1: $2.5000 - Resistance 
*PRICE: $2.4093 @ 06:14 GMT 
*SUP 1: $2.3000 - Support 
*SUP 2: $2.1974 - Low Sep 18 
*SUP 3: $2.1813 - High Aug 14 now support 
*SUP 4: $2.0982 - 200-dma 
Nov-18 Nymex Heating Oil futures have overcome the $2.40 measured move target
from the bull flag breakout as bulls remain firmly in charge. The $2.50 level is
the next upside target ahead of channel top resistance that comes in at $2.55.
Bears need a close back below $2.30 to shift the outlook neutral and break below
the Sep 7 low at $2.1941 to develop downside momentum.

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